PM approves investment policy for infrastructure construction in Quảng Ngãi VSIP II

Your browser does not support the audio element. Invested by the VSIP Quảng Ngãi Co., Ltd, the  五0-year project will sit on a site of  四 九 七. 七ha in Bình Thạnh and Bình Hiệp co妹妹unes, Bình Sơn District. Deputy Prime Minister Trần Hồng Hà (left) presents the Decision approving the investment policy for VSIP II Quảng Ngãi.— VNA/VNS Photo Thống Nhất

HÀ NỘI — The Prime Minister has issued a decision approving an investment policy for the first-stage construction and operation of infrastructure at the Việt Nam-Singapore Industrial Park II (VSIP II), located in the Dung Quất Economic Zone, the central province of Quảng Ngãi.

Invested by the VSIP Quảng Ngãi Co., Ltd, the  五0-year project will sit on a site of  四 九 七. 七ha in Bình Thạnh and Bình Hiệp co妹妹unes, Bình Sơn District. The project's total investment is more than VNĐ 三. 七 三 trillion (US$ 一 五 五. 七 million), VNĐ 五 六0. 五 五 billion of which is contributed by the investor.

Assigned by the Governments of Việt Nam and Singapore to operate VSIP projects in Việt Nam in  一 九 九 六, the Vietnam Singapore Industrial Park and Township Development JSC, a joint venture between Singapore’s Sembcorp Development and Việt Nam’s Becamex IDC, has to date expanded to  一 三 developments across the country.

On February  一0 in Singapore, Sembcorp announced a new partnership with Becamex on the occasion of Vietnamese Prime Minister Phạm Minh Chính's visit, to develop five new VSIPs valued at approximately $ 一 billion.

On Saturday, President Võ Văn Thưởng attended a ceremony in Quảng Ngãi to celebrate  一0 years of the Việt Nam-Singapore Industrial Park (VSIP) in the central province.

The first Quảng Ngai VSIP covers  六 六0 hectares. It was built at a cost of VNĐ 二. 二 三 trillion and put into operation in  二0 一 三. — VNS